Price held cleanly below the resistance level at 1.19170 and also below the trendline. Price is forming an ''m'' also known as double top and we can expect price to drop to next support level which is around 1.18508
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.